Is Negative Gearing attractive to everyone?
• It’s only attractive to the individual who has a high enough taxable income. The higher the taxable income the better the returns. Get actual advice from your accountant prior to committing. • In any case, you don’t want your investment negatively geared forever. You want it to be positively geared as soon as possible. Don’t forget that Capital Gains Tax is also applicable. You must see your accountant for more information or contact us to refer you to one of our accountants.
